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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (33377)	4/18/2008 9:06:15 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217752

fate is tossing me a life preserver :O)

To: carranza2 who wrote (33377)	4/18/2008 9:30:17 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217752

Player #1 just wrote: quote I wrote the following yesterday: FHA loans skyrocketed from 56 in 2007 to 121 in 2008. That is an increase of over 100%, with 11.5% of all homes financed via FHA loans in the past month. The question becomes whether tightening lending standards are preventing people from buying a home? Or is it that FHA rates are now substantively more attractive than Conventional loans on a historical basis? A real estate broker in Knoxville, xxxxxxxxx, gave me this response: I think the answer to that question might just be that FHA really is the new subprime. It's just about the only way to get anything like 100% financing and it's become the only option for people whose credit scores are lower than 620. I think we're going to see a lot more FHA loans as the year goes on. unquote